||EPS - Basic
||Market Cap (m)
Real-Time news about Jessops (London Stock Exchange): 0 recent articles
|dylan400d: so with this 100,000 spread between shareholders, even if The new Jessops had a fantastic christmas and made 10 million profit, this would have no affect on the share price?|
|fishman: Still think this is all down to punters not understanding the status of the shares, and that there is an alternative way out?
I guess that's possible....but it's far fetched compared to merely assuming some punters have to buy....
After all,the only evidence for the former is a line or two in newspapers.
And the evidence for the latter is presumptions, also consisting of a line or two in newspapers (and online equivalent).
So there's no facts either way.
None of us are sure about firstly how much JSP is held short,and secondly what potential problems there are for holding such positions whilst the share price fluctuates so wildly. It's just not enough for shorts to say 'at the end I will close my position by paying my broker 0.1p per share' and assume that is the complete picture.|
|fishman: I think I've worked it out:
If you are long on a share, you have no obligation whatsoever. In the case of JSP, I can keep my shares until they are worth zilch...my choice.
If you are short however, you just do not have that possibility. You have to buy back.
All of those smugsters who have jumped into this one-way short bet will probably find that they are unable to buy back the shares at any price.
The fact that they can now is irelevent, since they are not exercising that choice...since they are convinced they can sell at the end for near 0.1p!
There is no law of markets that says that a share delists at it's paper value.
I have been looking at other companies' share price action just before delisting, and it is not easy research - but quite interesting.|
|fishman: sbs..that remains the only logical reason for the current state of the share price.
Since none of us know how many shares are currently held short, it is not possible to say how high the price will rise. Suffice to say that shorters' losses are unlimited. (Though of course they will be forced to close in reality before too much damage is done).
Will it jump?
But it's an interesting gamble.|
|fishman: This one way bet..a one-way bet that everyone in the world has knowledge of.
You'd have to think 'this can't be right'.
On the other hand, sometimes the obvious stuff does get overlooked.
If this is a one-off situation, then none of us has a clue what is going on.
However, traders are apparently analysing this situation using conventional means.
In that case, how do you explain that every piece of news is in the price, and yet a 0.1p value is currently 14 times that price?
In my opinion it is as likely that something extraordinary will happen to the share price between now and 0.1p.
This will be due to the mechanisms within the market related to the need for long-term short positions to be closed.
If only there was a date set for this all to end..that would cause an interesting crush at the exit.|
|jojo_jo: Jessops PLC will likely continue to be listed and shares trade, as a 'shell' company with no tangibles. All tangibles will go to NEWCO. Not sure if Jessops name will go too, in which case the listed shell will have to change name. Depending on the cost of a LSE listing, it has some value - it may cost £2m to bring a company to market, making this a good buy for someone about to list. There will also likely be considerable carried forward tax losses, available to anyone reversing into the shell.
I can only assume tody's buyer is the company looking to list, or those who know the value of the tax losses and lising costs.
I'm not sure but the share price implies it could be worth £2m+ to a company looking to float.|
|master rsi: GGekkko
re - anything else around today?
YES, just ask... Le Mass Du Pap -
Have answers for everything but not for JSP share price drop ( and it seems is very angry ) and I only can say poor sod.|
|yotter: Susan McAllister,
With the greatest of respect to you, the current JSP share price would suggest that things are not very good at JSP
Again pdyor etc etc|
|chriswilson9573: The retail sector is unforgiving at the best of times never mind when your competition know you're on the ropes....they'll have smelt blood with the last announcement and you can bet your bottom dollar that they'll now be turning the screws tight. In the very short term this could be a great time to buy a camera as prices are going to go down almost as fast as the JSP share price. I can't see how they will manage to crawl out of this as they are just too specialist and have nothing else to fall back on, unless a white knight arrives...but this is very unlikely. A shame for photographic enthusiasts as there's nothing left except your local camera shop and who knows how long they'll be around for. Sorry if I sound so down on this stock but I think the shutter is coming down for the last time.
|riptracker: With jessops chargeing 35pounds for their own 256mb memory card you can a brand name Sandisk 1Gb for 9.99 do you ever wonder why they cant make a profit. As Sandisk are a quality brand. Re JSP share price 5.35 to 7.13p is on the cards fpr thursday.!|
Jessops share price data is direct from the London Stock Exchange